L&T Share Price Target
Whenever there is talk of India’s infrastructure or big projects, the name of L&T (Larsen & Toubro) comes first. Brokerage firm Goldman Sachs says that there may be some uncertainty regarding revenue in the short term, but the company’s outlook in the medium to long term is excellent. From Ram Temple in Ayodhya to big metro projects of the country, L&T has presence everywhere. The target price of this giant share, which is available at the current price of Rs 3,659, has been given by the brokerage at Rs 4,420. According to the brokerage, this company will directly benefit from the increasing government spending in defense and infrastructure, due to which investors can get a return of about 24%.
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